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Almonty Restarts Its Sangdong Tungsten Mine After 30 Years, South Korea
March 20, 2026
Almonty Industries has restarted the Sangdong Tungsten Mine in South Korea after completing phase 1 commissioning. The return follows a 30-year hiatus. On Mar. 16, the company announced bringing the historic operation back online. Almonty will soon be processing approximately
Rio Tinto Secures $1.175 Billion Financing Package for Rincon Lithium Project, Argentina
March 19, 2026
Rio Tinto has secured a $1.175 billion financing package from four international lenders to support development of the Rincon Lithium Project in Argentina’s Salta Province. The package comprises loans from the International Finance Corporation (IFC), IDB Invest, Export Finance Australia
NSW Government Bans New Coal Mines, Existing Coal Licenses and Extensions Remain
March 19, 2026
The Minns government will no longer grant new licenses to explore for coal and open greenfield coal mines in NSW, making it the first state to explicitly ban new coal mines. The new policy announced on Thursday effectively killed nine
Toubani Resources Makes $216 Million FID on Kobada Gold Project, Commences Construction, Africa
March 18, 2026
Toubani Resources board approved the final investment decision for the Kobada Gold Project and has commenced construcion. Toubani convened the traditional and customary chiefs from the surrounding villages to mark the commencement of earthworks under the supervision of the Toubani
Rio Tinto Ships First Lithium from Rincon Project, Argentina
March 18, 2026
Rio Tinto Group has completed its first commercial shipment of lithium carbonate from the Rincon Project in Argentina, marking the mining giant’s initial step into large-scale lithium production. The cargo left the Port of Buenos Aires this week bound for
GoGold Resources Advances Development of Los Ricos South Project, Mexico
March 17, 2026
GoGold Resources said it has advanced to the execution phase of the Los Ricos South Project located in the Jalisco State, Mexico by launching detailed design activities and initiating the placement of orders for long lead items. “The advancement of
Caledonia Mining Sets $484 Million Budget for Its Bilboes Gold Mine, Zimbabwe
March 16, 2026
Caledonia Mining aims to expand its Zimbabwean portfolio by developing the Bilboes Project into its second producing gold mine. The company already operates the Blanket Mine and expects Bilboes to complement its existing output. Available data indicate the project hosts
North American Construction Group to Acquire Iron Mine Contracting for $115 Million
March 13, 2026
North American Construction Group (NACG) entered into a definitive share purchase agreement to acquire Iron Mine Contracting (IMC), a privately owned Western Australian diversified mining services contractor. The acquisition is valued at approximately $115 million. IMC is a diversified mining
Coal’s Momentum in Australia Builds as New Hope Group Joins FutureCoal
March 12, 2026
FutureCoal, the global alliance for sustainable coal, welcomed New Hope Group as a new member, reflecting a growing shift in Australia toward a more balanced and realistic conversation on coal, energy security and industrial resilience. The announcement comes amid renewed
NOAA Determines The Metals Company Deep-Seabed Mining Application is in Substantial Compliance
March 10, 2026
The Metals Company (TMC) said the National Oceanic and Atmospheric Administration (NOAA) has determined that the consolidated application submitted for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA) is in substantial compliance
